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After a brutal two-day sell-off that saw Infosys and Wipro ADRs fall as much as 14.5%, Friday’s session brought a much-needed breather. The bargain hunt started at lower levels, leading to a sharp rebound as Infosys rose 4% while Wipro rose 3%, helping both stocks end the week on a much stronger note.A whopping Rs […]
American Depository Receipts (ADRs) from Infosys fell more than 2% in early American trade to a low point of $ 16.66, while Wipro ADRS dropped 1.3% to $ 2.68, after Accenture reported his win in the fourth quarter earlier today. The results of Accenture, often seen as a harbinger for the wider IT sector, defeat […]
